Hint: if you see "Austin" bandied around as a good example, then you know shit about housing. Austin rent decreases happened because of its stagnant population

Hint: if you see "Austin" bandied around as a good example, then you know shit about housing. Austin rent decreases happened because of its stagnant population, not because of new construction. It's barely growing _at_ _best_, and I predict that it's actually _shrinking_. You can play around with the ACS dataset yourself: https://data.census.gov/table/ACSDP1Y2024.DP05 https://data.census.gov/table/ACSDP1Y2024.DP05 The 1-year estimate for 2024 is 993771, barely up from 979263 for 2019 (there is no 1-year estimate for 2020).